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by Cale_Ramaker from Orlando

Last Post 14 days, 21 hours Ago


Boy a lot of skepticism on Capitol Hill today from both Republicans and Democrats regarding the bailout of Wall Street. At times it appeared some Legislators didn't believe what Treasury Secretary Henry Paulson was saying about how dire things are. Question is...do you believe what you're hearing?
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Member Comments Total Comments: 11
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Ericjhach read my blog view my photos
Sep 23, 2008 | 8:53 PM

From a poltician or government worker, heck no they all lie.

vision read my blog
Sep 23, 2008 | 9:50 PM

No one in the White house knew how to do financial forecasting on a national scale. Or the plan was to use Zionism, to put America in the present position. Russia fell from spending, spending, spending. Yeah, when America has exceeding home mortgages that are balooning that is the exact moment that you send corporations overseas and take away America's earning potential, hum, but hey the drug cartels are sure making the bucks and buying those homes.
s

sensiblejoe read my blog
Sep 23, 2008 | 11:06 PM

Congress is right to be skeptical about the bad bill of goods the Bush administration is pushing for a Wall Street bailout. And it had better ask questions aplenty and push back. America can't afford to give Paulson a blank check with no conditions, no oversight and no accountability, which is what Section 8 of Bush's bill demands. Such carte blanche would not only be a loss of taxpayer money, but the replacement of rule of law, with constitutional checks and balances, with lawlessness. "Responsibility" and "accountability" used to be planks of the Republican platform, but now W is demanding no accountability to rescue those who were irresponsible while lending foolishly, investing riskily and unpatriotically shipping jobs overseas, all out of unbridled greed. Gee, I guess unchecked deregulation wasn't such a good idea after all -- duh. It seems there's no money around for welfare for the genuinely poor, but for white-collar corporate welfare, there's plenty of taxpayer cash all of the sudden -- and Bush expects a rush delivery in a week. Give us a break!

Gorilla read my blog
Sep 23, 2008 | 11:40 PM

My theory---

The war caused a false sense of economic prosperity. Debt runs rampant, free money comes and goes quickly. It went unchecked because the banks, regulated by the reserve, understood the displacement of the people in the homes would allow for a cheaper buy of foreclosed property.
The debt mysteriously disappears in the paperwork. The buyout was a down payment on the property people think they own, no pay taxes no keep home. Prop value goes up, and just as the reserve stole everyones gold after the depression, they pulled another fast one, with 8 years in the making...We got robbed
W played stupid as he counts everyones money,
Played America for everything it is was worth, should be charged for treason.
Dude is now payed and ready to invest in things not American. I predict a huge yacht in the south of France...
What can the people say? They voted!
Count it again?

rottweiler7575 read my blog view my photos
Sep 24, 2008 | 12:14 AM

There GREED cause this, let them give back some of the money they stole and bail themselves out...No body helps me when I screw up....

northton read my blog view my photos
Sep 24, 2008 | 4:02 AM

NO BAILOUT! WRITE YOUR REPRESENTATIVES! SAY NO TO CORPORATE WELFARE!

CynPro read my blog view my photos
Sep 24, 2008 | 1:01 PM

Noooooooooooooooo!!!!!!!!!!!!!!!!!

VIDEO - BAILOUT is a RIP-OFF

This was included in the proposal Bush dreamed up:
"Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are
non-reviewable and committed to agency discretion, and may not be reviewed
by any court of law or any administrative agency."

That's one HUGE "get out of jail free" card !!
It says Paulson can do whatever he wants and
NO ONE can question it.

They say they have no idea of the worth of the properties
they want to buy with our tax payer dollars, which
means if they ever get a return on these properties, they won't
know how much should be credited back to us (tax payers) either,
AND that no one can question it.

Now really... How stupid do they think we are ???

CynPro read my blog view my photos
Sep 24, 2008 | 1:13 PM

Martinez, Mel- (R - FL)
(202) 224-3041

Nelson, Bill- (D - FL)
(202) 224-5274

LIST of OTHER SENATORS

mscsailor read my blog
Sep 24, 2008 | 1:58 PM

Sec 8 Review Sec 8 Review Sec 8 Review . OK we get it it. We get it. In how many threads are we going to get the same links and diatribe? Post an original thought, if you have any- puleeeze.

I was (see other posts) pretty much against the entire bailout concept, too, but am beginning to reconsider.........

I do agree with one of sensiblejoe's points, though. The Republicans seem to have all but abandoned any sense of accountability.

smitty read my blog
Sep 24, 2008 | 7:08 PM

Well said Gorilla but, I voted for the other guy.


I just find it funny how much MORE of a downward
spiral we're in as G-Dub is getting ready to
leave office. If I didn't know any better
I'd say that whole damn admin has stuck it to us really good! Pretty much the same way he stole the election.

BUSH SUCKS!

larkiea
Sep 25, 2008 | 10:17 AM

I AM NOT FOR THE BAIL OUT. IF WE ARE GOING TO INVEST THAT MUCH MONEY WE SHOULD NOT INVEST FROM THE TOP DOWN BUT FROM THE BOTTOM UP. THE GREED THAT CAUSED THIS PROBLEM IS STILL THERE AND PUTTING MORE MONEY INTO A PROBLEM NEVER HAS WORKED FOR ME. FIRST I SOLVE THE PROBLEM. I SAY GIVE THAT MONEY TO THE HARD WORKING AMERICANS TO RESTORE OUR BADLY NEEDED INFRASTRUCTURES AND SOLVING THE PROBLEMS OF OUR OIL DEPENDENCY, OR HOW ABOUT THE ILLEAGLE'S GET THEM BACK TO THEIR COUNTRYS THAT WOULD OPEN UP JOBS FOR AMERICANS. I KNOW WE AMERICANS WOULD HAVE JOBS AND WE WOULD SPEND THE MONEY WISELY BACK INTO OUR ECONOMY.

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Cale_Ramaker

Main Anchor for Fox 35 News at 6, 10 & 11pm Monday thru Friday.

Member Since: 7/13/2006